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Ephrata passes 6-year transpo plan

Ephrata passes 6-year transpo plan

Yahoo09-05-2025

May 9—EPHRATA — The Ephrata City Council passed its six-year transportation improvement program for 2026 through 2031 unanimously Wednesday night during the council's regular meeting.
"This is a plan for our roads, this is kind of a wish list," Public Works Director Rob Harris said.
For the city to be eligible for certain grants and loans regarding street repair they must be listed on the city's TIP. In short, funding is proposed until a formal grant letter is received, and it may take years for projects to get grant funding. Therefore, TIP is considered just a plan for the city, but not all actions may be taken.
The city updates the plan annually. TIP is organized by the priority of each project.
"Yes, it does have an order, but not necessarily an order of appearance," Harris said. "It is just putting an idea, a plan on what we want to do, and this is the order we would like to see it done in. This plan can be modified at any time depending on funding sources."
The totals for all of the projects come out to around $31 million. Of the $31 million, around $608,000 is anticipated to come from federal funds, $0 from state funds and about $30 million from local funds.
Priority one
A top priority for road repairs is on A Street Southeast, where the city plans on doing a hot mix asphalt, where pavement is preserved by adding a new layer of asphalt over the existing one to address surface issues like cracking or rutting.
There are also plans to do subgrade repairs to ensure the new hot mix asphalt surface is built on sufficient base material.
The existing pedestrian facilities will vary throughout the project; however, any non-Americans with Disabilities Act compliant pedestrian facilities will be upgraded as required.
The city estimates a start year of 2026, with it costing $703,000. Of those funds, around $608,000 are anticipated to be federal and about $95,000 will be local funds.
The other priority one plan is the annual crack and chip seal project that includes various streets. The annual maintenance projects happen to preserve the condition and extend the life of various streets throughout the city. The project is anticipated to begin in 2026.
The city estimates it will cost around $4 million in six phases. All of the funds are anticipated to be local. The first and second phases allocate $1 million each. Phases three through six are anticipated to cost $500,000 per phase.
Priority two
The only priority two project is the annual overlay and reconstruction project on various streets, including Cherry Blossom Drive, Dodson Road, Third Avenue, Canal Road, Strand Road, Ninth Street, D Street, A Street Northeast, B Street Southeast and Railroad Avenue. The annual project addresses various city streets that require upgrades or more than basic maintenance work.
The project requires $3.6 million in funds, all anticipated to be local. The project is broken into six phases, each costing $600,000.
Priority three
The city only has one priority three project to extend Nat Washington Way. The city plans on extending a four-lane section of Nat Washington Way from State Route 282 to Dodson Road.
The project is anticipated to start in 2026 and go into 2027. The total cost of the project is around $3.8 million. The project is in two phases with preliminary engineering expected to cost $380,000. The second phase, including the road work, is anticipated to cost about $3.4 million.
Priority four
Ephrata has one priority four project to construct Peachtree Drive to current city standards from Railroad Avenue Northwest to Dodson Road Northwest.
The phase is set to start in 2027, and the project is anticipated to cost $1.5 million in local funds.
Priority five
The only priority five project is to reconstruct Airport Street and Enterprise Street to city standard from State Route 282 to Five Avenue Southeast.
The listed start of the project is 2027 with an anticipated cost of $4 million in local funds.
Priority six
The next priority for the City of Ephrata is to improve bicycle safety on various streets. The city plans on adding more signage and markings to encourage bicycle usage and improve safety for bicyclists.
The project is anticipated to start in 2027 and cost $300,000 of local funds.
Priority seven
The city's next goal for road improvement is adding another railroad crossing in a location that has yet to be determined. The city wants to make the crossing go from the northwest side of the railroad to the southeast side of the railroad.
The city has yet to decide if this will be at the north end of the town, around 14th Avenue Northeast or the south end of town, around Road 14 Northwest. The city is hoping to do the crossing at ground level, but the railroad may require an overpass.
The anticipated cost is $5 millions of local funds with a phase start year of 2027.
Priority eight
The city has the plan to construct a three-lane arterial from around 14th Avenue, a railroad crossing to Fifth Avenue Southeast and matching up with Airport Street to extend State Route 282.
The anticipated cost is $5 millions of local funds with a phase start year of 2028.
Priority nine
The next plan the city has is to provide traffic improvements, including traffic signals along Alder Street for trucks to bypass the city's downtown area. The anticipated start year is 2029, with an estimated cost of $2.5 millions of local funds.
Priority ten
Finally, the city plans on completing annual ADA improvements to various streets around the city. This work may address sidewalks, access ramps, pedestrian buttons, pedestrian heads and other infrastructure that will improve accessibility to citizens.
The anticipated cost is $600,000 of local funds. The plan is broken into six parts, with each costing $100,000.

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Asante Provides Financial and Operating Results for the Quarter Ended April 30, 2025
Asante Provides Financial and Operating Results for the Quarter Ended April 30, 2025

Yahoo

timea day ago

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Asante Provides Financial and Operating Results for the Quarter Ended April 30, 2025

VANCOUVER, British Columbia, June 06, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | ('Asante' or the 'Company') announces the filing of its financial statements and management's discussion and analysis ('MD&A') for the three months ended April 30, 2025 ('Q1 2026'). All dollar figures are in United States dollars unless otherwise indicated. A summary of the financial and operating results for fiscal Q1 2026 are presented in this news release. For a detailed discussion of results for the first quarter, please refer to the Management's Discussion and Analysis filed on SEDAR+ at and Asante's website at Dave Anthony, President and CEO stated, 'We are pleased to report a significant ramp up in stripping operations during the first quarter, including the highest quarterly material movement at Bibiani in more than two years. Commissioning of the sulphide treatment plant will advance through July with full operations in August. 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Backup generator installation to ensure uninterrupted power to operations and reduced plant downtime. Commencement of underground mining. A definitive feasibility study has been completed, with the underground preparation program that already started targeting start of development in Q4 2026. Full production from the underground mine is planned for 2028, with an anticipated delivery of up to 2.6 Mt/year at an average in situ grade of approximately 3.0 g/t Au above the cutoff grade through 2030. Complete the advanced exploration grade control drilling program at Pamunu, Ayiseru, and Asempaneye to facilitate the development of new satellite pits in 2025, with the goal of improving oxide ore feed and maximizing plant throughput. External financing is being arranged to execute this growth strategy. 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Chirano Mine –Summary of the quarter ended April 30, 2025 Results Three months ended April 30 ($000s USD) except as noted 2025 2024 Open Pit Mining: Waste mined (kt) 1,742 2,734 Ore mined (kt) 321 612 Total material mined (kt) 2,063 3,347 Strip ratio (waste:ore) 5.4 4.5 Underground Mining: Waste mined (kt) 204 210 Ore mined (kt) 461 460 Total material mined (kt) 665 670 Ore processed (kt) 929 840 Grade (grams/tonne) 1.31 1.47 Gold recovery (%) 86% 86% Gold equivalent produced (oz) 34,671 34,196 Gold equivalent sold (oz) 31,482 34,236 Revenue ($ in thousands) 95,308 73,002 Average gold price realized per ounce1 3,027 2,132 AISC1 2,587 1,951 Note:(1) Non-IFRS measure. For a description of how these measures are calculated and a reconciliation of these measures to the most directly comparable measures specified, defined or determined under IFRS and presented in the Company's financial statements, refer to 'Non-IFRS Measures'. Ore mined from open pit mining decreased by 47.6% in the three months ended April 30, 2025 compared to the same period in 2024. Ore mined decreased in the three months ended April 30, 2025, due to decreased ore mining activity as a result of a focus on stripping activities at the Mamnao central, and Aboduabo open pits. Ore mined from underground mining was relatively constant in the three months ended April 30, 2025, compared to the same period in 2024. Obra, Suraw and Akwaaba were the contributors of underground material in the three months ended April 30, 2025 whilst development started at Akoti Far South to establish another stopping area, improving flexibility. Ore processed increased by 10.6% in the three months ended April 30, 2025 compared to the same period in 2024. The increase was mainly due to greater power availability and realised benefits from plant throughput improvement project initiatives. In the three months ended April 30, 2025, ore grade processed decreased to 1.31 grams per tonne (2024 - 1.47 grams per tonne) due to proportionally more plant feed from low grade stockpiles rehandled in 2025 as opposed to open pit ore in the comparable period. The increased in ore processed, offset by lower ore grades, resulted in marginal increased gold equivalent ounces produced of 34,671 ounces in the three months ended April 30, 2025 compared to 34,196 ounces in the three months ended April 30, 2024. AISC increased to $2,587 per ounce in the three months ended April 30, 2025 compared to $1,951 per ounce in the same period of 2024. This increase was primarily driven by higher sustaining capital expenditures and higher indirect costs associated with production as well as lower volume of gold equivalent sold. Chirano Mine – Outlook For the year ending January 31, 2026, the Company plans to execute on its growth strategy which includes: Execution of process plant projects as planned to improve performance and increase the annual mine production rate to 4Mt/annum. This includes vibrating screen for primary jaw crusher installation, run-of-mine bin refurbishment, apron feeder upgrade, cyclone feed hopper upgrade, carbon regeneration kilns upgrade, mill 2 feed end and half shell replacement, installation of 12-ton acid wash and elution columns, installation of thermic oil heaters, water storage facility construction, TSF1 SE stage 2 raise and TSF3 construction. Underground development of the Akwaaba, Tano and Akoti far south mines to ensure robust underground ore delivery. Development of exploration drifts towards the north to explore and target the reclassification of the resource at Sariehu and Mamnao underground mines and to reaffirm the north mine concept of existing continuity between Obra and Sariehu underground deposits. Start of Aboduabo open pit oxide mining. Ongoing underground exploration projects at the Suraw, Obra and open pit mine life extension projects at the Sariehu/Mamnao area are progressing as planned. The Company expects to produce between 155,000 and 175,000 gold ounces at Chirano for the year ending January 31, 2026. Qualified Person Statement The scientific and technical information contained in this news release has been reviewed and approved by David Anthony, Mining and Mineral Processing, President and CEO of Asante, who is a "qualified person" under NI 43-101. Non-IFRS Measures This news release includes certain terms or performance measures commonly used in the mining industry that are not defined under International Financial Reporting Standards ('IFRS'), including 'all-in sustaining costs' (or 'AISC'), 'earnings before interest, taxes, depreciation and amortization' (or 'EBITDA'), and free cash flow. Non-IFRS measures do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures employed by other companies. The data presented is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS and should be read in conjunction with Asante's consolidated financial statements. Readers should refer to Asante's Management Discussion and Analysis under the heading "Non-IFRS Measures" for a more detailed discussion of how Asante calculates certain of such measures and a reconciliation of certain measures to IFRS terms. About Asante Gold Corporation Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana. Asante is currently operating the Bibiani and Chirano Gold Mines and continues with detailed technical studies at its Kubi Gold Project. All mines and exploration projects are located on the prolific Bibiani and Ashanti Gold Belts. Asante has an experienced and skilled team of mine finders, builders and operators, with extensive experience in Ghana. The Company is listed on the Canadian Securities Exchange, the Ghana Stock Exchange and the Frankfurt Stock Exchange. Asante is also exploring its Keyhole, Fahiakoba and Betenase projects for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana's Golden Triangle. Additional information is available on the Company's website at About the Bibiani Gold Mine Bibiani is an operating open pit gold mine situated in the Western North Region of Ghana, with previous gold production of more than 4.5 million ounces. It is fully permitted with available mining and processing infrastructure on-site consisting of a newly refurbished 3 million tonne per annum process plant and existing mining infrastructure. Asante commenced mining at Bibiani in late February 2022 with the first gold pour announced on July 7, 2022. Commercial production was announced November 10, 2022. For additional information relating to the mineral resource and mineral reserve estimates for the Bibiani Gold Mine, please refer to the 2024 Bibiani Technical Report filed on the Company's SEDAR profile ( on April 30, 2024. About the Chirano Gold Mine Chirano is an operating open pit and underground mine located in the Western Region of Ghana, immediately south of the Company's Bibiani Gold Mine. Chirano was first explored and developed in 1996 and began production in October 2005. The mine comprises the Akwaaba, Suraw, Akoti South, Akoti North, Akoti Extended, Paboase, Tano, Obra South, Obra, Sariehu and Mamnao open pits and the Akwaaba and Paboase underground mines. For additional information relating to the mineral resource and mineral reserve estimates for the Chirano Gold Mine, please refer to the 2024 Chirano Technical Report filed on the Company's SEDAR profile ( on April 30, 2024. For further information please contact: Dave Anthony, President and CEOFrederick Attakumah, Executive Vice President and Country Director info@ 604 661 9400 or +233 303 972 147 Cautionary Statement on Forward-Looking Statements Certain statements in this news release constitute forward-looking statements or forward-looking information. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: production, free cash flow and all-in sustaining costs forecasts for the Bibiani and Chirano Gold Mines, estimated mineral resources, reserves, exploration results and potential, development programs, expansion and mine life extension opportunities, completion and timing of plant upgrades, commencement of underground mining, and completion and timing of external financing by the Company. These forward-looking statements and information reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: the impact of inflation and disruptions to the global, regional and local supply chains; tonnage of mineralized material to be mined and processed; future anticipated prices for gold and assumed foreign exchange rates; the timing and impact of planned capital expenditure projects, including anticipated sustaining, project, and exploration expenditures; risks related to increased barriers to trade, including tariffs and duties; ore grades and recoveries; capital, decommissioning and reclamation estimates; our mineral reserve and mineral resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions at any of our operations; no unplanned delays or interruptions in scheduled production; all necessary permits, licenses and regulatory approvals for our operations are received in a timely manner; our ability to secure and maintain title and ownership to mineral properties and the surface rights necessary for our operations, including contractual rights from third parties and adjacent property owners; whether the Company is able to maintain a strong financial condition and have sufficient capital, or have access to capital, to sustain our business and operations; and our ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the duration and effect of local and world-wide inflationary pressures and the potential for economic recessions; fluctuations in the price of gold; fluctuations in currency markets; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards; employee relations; relationships and claims by local communities; changes in laws, regulations and government practices in the jurisdictions where we operate, including environmental, export and import laws and regulations; changes in national and local government, legislation, taxation, controls or regulations and political, legal or economic developments in countries where the Company may carry on business, including legal restrictions relating to mining, risks relating to expropriation; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its planned activities, the Company's inability to raise the necessary capital or to be fully able to implement its business and growth strategies, and those risk factors identified in the Company's management's discussions and analysis and the most recent annual information form. The reader is referred to the Company's public disclosure record which is available on SEDAR ( Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except as required by securities laws and the policies of the securities exchanges on which the Company is listed, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. LEI Number: 529900F9PV1G9S5YD446. 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Why Greif Stock Triumphed on Thursday
Why Greif Stock Triumphed on Thursday

Yahoo

timea day ago

  • Yahoo

Why Greif Stock Triumphed on Thursday

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